Taiwanese e-commerce platform KKday yesterday inked a memorandum of understanding with European train ticket vendor Rail Europe Inc to promote rail travel in Europe.
KKday.com International Co (酷遊天) founder and chief executive officer Ming Chen (陳明明) said that he appreciated the opportunity to work with Rail Europe and he is positive travel growth momentum in Europe would continue next year.
The European travel market had a 60 percent surge in the first nine months of this year from the same period in 2019 before the COVID-19 pandemic, Chen said.
Photo: Ting Yi, Taipei Times
The two sides agreed to focus on product and technology integration, market promotion, passenger experience enhancement and exploration of innovative services.
“The objective of this collaboration is to inspire a deeper exploration of Europe among Asian travelers,” Chen said.
KKday plans to utilize its platform to draw more travel industry partners and enlarge Rail Europe’s customer base, he said.
Rail Europe president and CEO Bjorn Bender said that his visit to Asia has enabled him to gain a better understanding of the region’s diverse markets.
In the post-pandemic era, people have displayed a keen desire to travel and many would opt for train travel to avoid unnecessary flights and help reduce carbon emissions, Bender said.
The company hopes the partnership with KKday would establish an all-in-one platform for travelers and the travel industry that would provide a wide array of products spanning 33 European countries, and more than 150 European rail brands and routes, he said.
Shares of contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) came under pressure yesterday after a report that Apple Inc is looking to shift some orders from the Taiwanese company to Intel Corp. TSMC shares fell NT$55, or 2.4 percent, to close at NT$2,235 on the local main board, Taiwan Stock Exchange data showed. Despite the losses, TSMC is expected to continue to benefit from sound fundamentals, as it maintains a lead over its peers in high-end process development, analysts said. “The selling was a knee-jerk reaction to an Intel-Apple report over the weekend,” Mega International Investment Services Corp (兆豐國際投顧) analyst Alex Huang
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is expected to remain Apple Inc’s primary chip manufacturing partner despite reports that Apple could shift some orders to Intel Corp, industry experts said yesterday. The comments came after The Wall Street Journal reported on Friday that Apple and Intel had reached a preliminary agreement following more than a year of negotiations for Intel to manufacture some chips for Apple devices. Taiwan Institute of Economic Research (台灣經濟研究院) economist Arisa Liu (劉佩真) said TSMC’s advanced packaging technologies, including integrated fan-out and chip-on-wafer-on-substrate, remain critical to the performance of Apple’s A-series and M-series chips. She said Intel and Samsung
TRANSITION: With the closure, the company would reorganize its Taiwanese unit to a sales and service-focused model, Bridgestone said Bridgestone Corp yesterday announced it would cease manufacturing operations at its tire plant in Hsinchu County’s Hukou Township (湖口), affecting more than 500 workers. Bridgestone Taiwan Co (台灣普利司通) said in a statement that the decision was based on the Tokyo-based tire maker’s adjustments to its global operational strategy and long-term market development considerations. The Taiwanese unit would be reorganized as part of the closure, effective yesterday, and all related production activities would be concluded, the statement said. Under the plan, Bridgestone would continue to deepen its presence in the Taiwanese market, while transitioning to a sales and service-focused business model, it added. The Hsinchu
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has approved a capital budget of US$31.28 billion for production expansion to meet long-term development needs during the artificial intelligence (AI) boom. The company’s board meeting yesterday approved the capital appropriation plan for purposes such as the installation of advanced technology capacity and fab construction, the world’s largest contract chipmaker said in a statement. At an earnings conference last month, TSMC forecast that its capital expenditure for this year would be at the higher end of the US$52 billion to US$56 billion range it forecast in January in response to robust demand for 5G, AI and